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Location Ventures’ Miami Beach dev site sold for M — but investors are frozen out
Business

Location Ventures’ Miami Beach dev site sold for $18M — but investors are frozen out

January 8, 2025January 8, 2025

Another piece of Rishi Kapoor’s former real estate empire sold for $17.5 million, but the deal froze out more than 30 co-living condo buyers. Bernice

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Judge approves M sale of Location Ventures’ Miami Beach dev site
Business

Judge approves $18M sale of Location Ventures’ Miami Beach dev site

November 20, 2024November 20, 2024

The $17.5 million sale of a former Location Ventures development site in Miami Beach is moving ahead, but prospective condo buyers won’t be happy.  Proceeds

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SEC agrees to settle fraud lawsuit against Rishi Kapoor
Business

SEC agrees to settle fraud lawsuit against Rishi Kapoor

November 15, 2024November 15, 2024

The U.S. Securities and Exchange Commission is calling a truce in its civil case against disgraced developer Rishi Kapoor. In a motion filed by SEC

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Andrew Korge makes M offer for Location Ventures Coconut Grove dev site
Business

Andrew Korge makes $28M offer for Location Ventures Coconut Grove dev site

October 1, 2024October 1, 2024

Andrew Korge is aiming to drop $28.2 million for a former Rishi Kapoor development site in Coconut Grove that ignited the embattled developer’s legal troubles. 

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Location Ventures’ receiver seeks to sell Miami Beach dev site for M
Business

Location Ventures’ receiver seeks to sell Miami Beach dev site for $18M

September 13, 2024September 13, 2024

The receiver managing the assets of defunct firm Location Ventures wants permission to sell a Miami Beach development site for $17.5 million. Receiver Bernice Lee

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Location Ventures’ court-appointed receiver sells incomplete Coconut Grove spec home for M
Business

Location Ventures’ court-appointed receiver sells incomplete Coconut Grove spec home for $18M

August 13, 2024August 13, 2024

The court-appointed receiver managing defunct Location Ventures’ assets sold an unfinished Coconut Grove spec mansion for $17.5 million after fighting off a lender’s attempt to

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Daniel Motha, Rishi Kapoor’s former right hand, fights SEC subpoena for emails
Business

Daniel Motha, Rishi Kapoor’s former right hand, fights SEC subpoena for emails

August 8, 2024August 8, 2024

Daniel Motha played an integral role helping Rishi Kapoor establish Location Ventures. Now, Motha is fighting the U.S. Securities & Exchange Commission’s efforts to pry

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Rishi Kapoor’s Miami Seashore Co-Living Web-site Heads to Auction
Business

Rishi Kapoor’s Miami Seashore Co-Living Web-site Heads to Auction

April 18, 2024April 19, 2024

A Miami Beach front residence in which Rishi Kapoor prepared a co-dwelling condo task will be marketed at auction. Miami Federal Choose Jacqueline Becerra on

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Rishi Kapoor Would like Authority To Provide Area Ventures HQ
Business

Rishi Kapoor Would like Authority To Provide Area Ventures HQ

March 8, 2024March 8, 2024

Rishi Kapoor thinks he can sell Area Ventures’ headquarters for much more income than the give that is now on the desk. Last week, the

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Rishi Kapoor Wishes To Record His Cocoplum Property For .5M
Business

Rishi Kapoor Wishes To Record His Cocoplum Property For $8.5M

March 6, 2024March 7, 2024

Rishi Kapoor is looking for a federal judge’s Okay to list his waterfront Cocoplum waterfront dwelling for $8.5 million as a result of a “uniquely

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